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Business cannot succeed without a clear legal path going forward. The Weaver Law Firm is alert to anticipating and addressing legal problems before they become worse.

Oil & Gas title searches and examinations

By Richard Weaver of The Weaver Law Firm posted in Real Estate on Wednesday, July 12, 2017.

Individuals interested in oil & gas title searches and examinations will often consult a real estate lawyer with land man experience to understand the often-complex county record filings. Out law firm experience involves situations where individuals believe that they have an oil and gas royalty interest in real property by inheritance, but are uncertain as to the matter. We perform the title search to determine who truly has the royalty interest and by what percentage. In non-oil and gas matters, the issue of title is involved in every purchase and sale. We work with client often referred to us by title companies like Fidelity National Title to assist in clearing title problems. We perform the title search to determine whether there is a clear title or a break in the chain. Often times in the process, we determine whether there are existing liens that cloud the title and prevent the sale of real estate. In all these situations, we advise the client on how to proceed if the title is not clear or if there is a break in the chain of title.

When purchasing real estate, title insurance is often key especially in situations where clients are purchasing property with potential problems. Client request our law firm to review the closing documents and interpret them for the client. Other times, clients seek to purchase property outside a title company. We have advised of the potential hazards for selling and purchasing real property outside a title company.

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